Home » Banca Etica invests 250 thousand euros to become a shareholder of SardexPay

Banca Etica invests 250 thousand euros to become a shareholder of SardexPay

by admin

Banca Etica has invested 250 thousand euros in the share capital of SardexPay, the fintech company that gave birth to the most large Italian community based on the so-called complementary currency, which joins the over 220 investors who have signed up for the equity crowdfunding on the BacktoWork platform, which exceeded 1 million euros.

SardexPay is a community where companies can find new customers and suppliers and develop their business thanks to the use of complementary currency, therefore without affecting the liquidity in euros and indeed having the possibility to access additional credit lines at zero interest: in 2020 it recorded a growth in registrations of 73%, it is present in 15 regions, has an industrial margin of 18% of revenues and over 120 million of goods and services traded without using euros.

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Last April, Sardex announced new capital increase, part of which is used to support an equity crowdfunding operation still in progress on BackToWork and which will be extended for the entire month of June.

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